Using The AB-150 Pass-Through Entity Elective If you are a Qualified Taxpayer of a Qualified Entity who routinely pays more than $10,000 in state and local taxes and more than 9.3% in California Income Taxes on your K-1 income, the Pass-Through Entity Elective Tax may be an effective tax mitigation strategy for you. In July […]
Month: August 2023
ALL EXTENDED 2022 TAX FILINGS DUE 10/16/23
ALL EXTENDED 2022 TAX FILINGS DUE 10/16/23! Eight weeks remaining! Due to the severe storm damage earlier in the year throughout CA, for those affected by the flooding, many counties were covered by a federal emergency declaration and received additional time to file and pay taxes. That extension ends on 10/16/23. There are no further […]
